US-based steelmaker Cleveland-Cliffs has reached a new four-year labor agreement with the United Steelworkers (USW), covering about 12,000 employees.
The agreements apply to the company’s steel plants and mining operations in Indiana, Ohio, Pennsylvania, Minnesota and Michigan. Cleveland-Cliffs said the deal resolves all USW contracts due for renewal, subject to approval by local union membership.
Negotiations had been underway since at least July. Cleveland-Cliffs CEO Lourenco Goncalves said USW employees do work that is essential to the company and the country.
“These agreements recognize their contributions and give us the stability we need to invest, compete, and continue strengthening American steelmaking,” Goncalves said.
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